Main entrance
Client waiting / receptio
Modern reception
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Flex space with dividers
Break room / kitchen
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Executive board room
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Flex space / bullpen
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Semi private offices
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Parking for 10+ with EV Charger
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40 Peter Street

Orillia / Orillia, ON L3V 5A9

ActiveFor Sale
0 Beds
0 Baths
3,958 Sq Ft
Commercial

About This Property

Prime downtown Orillia opportunity on a signature Peter St S / Colborne St E corner. This professionally repositioned 3,958 sq. ft. former bank branch has been transformed into a high-end, client-facing office featuring a stone-clad reception, glass-walled private offices, a boardroom, a spacious open work area, and an updated kitchen, all wrapped in a refreshed exterior. C4i zoning positions this corner for downtown intensification, and the property sits within walking distance of Orillia's planned downtown transit terminal - genuine long-term upside in the heart of Orillia. Ideal for a professional practice wanting a turnkey, prestige address, or an investor targeting downtown office / NNN lease income. A rare pairing of finished product and growth story.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size3,958 sq ft
Bedrooms0
Bathrooms0
Taxes (2026)$21,828
Postal CodeL3V 5A9
Last UpdatedOct 29, 2026 · 10:39 a.m.

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Features & Amenities

  • Air Conditioning

Buying or selling in Orillia?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® S13808702

Listed by Century 21 B.J. Roth Realty Ltd.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,495,000

asking price

MLS®S13808702
TypeCommercial
CityOrillia
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$7,300

/month · $1,196,000 mortgage

Down Payment20% — $299,000
Interest Rate5.5%

Amortization

Total Interest

$994,085

Total Cost

$2,190,085

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Century 21 B.J. Roth Realty Ltd.